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Canadians wary of adopting digital dollar, Bank of Canada finds

[Oct 29 8:30 AM] The Bank of Canada’s research revealed mixed views on a digital Canadian dollar and highlighted Canadians’ enduring trust in cash and card payments.

Bank of Canada Redirects Efforts Away From Retail CBDC

[Sep 23 8:45 PM] The Bank of Canada has announced a strategic shift away from developing a retail Central Bank Digital Currency (CBDC) to focus on broader payments system research and policy development. This decision follows a public consultation in 2023, which…

AI may lead to inflationary pressures: Bank of Canada

[Sep 21 10:08 AM] Bank of Canada Governor Tiff Macklem highlighted the potential risks AI poses to inflation and financial stability in the short term.

Bank of Canada just says no to retail CBDC in reshuffling of priorities

[Sep 20 9:55 PM] Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.

Pierre Poilievre Backs Bill to Ban Central Bank Digital Currency in Canada

[Aug 16 2:30 AM] Pierre Poilievre, leader of Canada’s Conservative Party, backs a bill that seeks to ban central bank digital currency (CBDC) in Canada. He argues that a CBDC would give the government excessive control over finances, threatening privacy and…

BIS inaugurates Toronto Innovation Centre with Bank of Canada

[Jun 14 2:30 AM] Bank of Canada Governor Tiff Macklem said that as finance evolves, the industry must innovate and apply new skills, allowing Canadians to benefit from advancements.

Bank of Canada Begins G-7 Monetary Easing Cycle, Trimming Benchmark Rate 25 Basis Points

[Jun 5 8:21 AM] Lower interest rates in developed economies could be a tailwind for bitcoin prices.

Canada central bank assesses innovations and challenges of DeFi

[Oct 17, 2023 3:49 AM] The staff note suggested that, although the DeFi ecosystem brings a ton of innovations in the financial sector, the regulatory challenges and vulnerability limit its potential use in traditional finance.

Central banks will face unfamiliar challenges to achieve CBDC inclusivity, study says

[Oct 4, 2023 3:09 PM] The potential is there, but the difficulties in achieving financial inclusivity are often underestimated, a Bank of Canada study shows.

Canadians have ‘weak incentives’ to use a CBDC: Bank of Canada

[Aug 10, 2023 11:07 PM] A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC.

Bank Of Canada Study Shows Crypto Ownership In The Country Fell In The Last 2 Years

[Aug 4, 2023 1:00 PM] A recent study by the Bank of Canada (BoC) has shown a decline in the ownership of cryptocurrencies over the two years. The BoC has attributed this decline in crypto ownership to ecosystem collapses, regulatory hurdles, and price depreciation…

Canadian crypto ownership declined amid tight regulations, falling prices

[Aug 4, 2023 2:32 AM] The biggest motivation for Canadians interested in Bitcoin is an investment — as showcased by the choice of over one-third of the 4,996 respondents in the Bank of Canada's 2022 survey.

7 central banks and BIS continue examination of ongoing policy issues for retail CBDC

[May 25, 2023 1:00 PM] The Bank for International Settlements has published the fifth paper by the group, highlighting its latest thinking on a potential retail CBDC.

Canada’s central bank asks citizens what they want in a digital dollar

[May 8, 2023 7:15 PM] Canadians are being asked what features they wish to see in a digital Canadian dollar even though there are no plans yet to issue one.

US explores additional bank support favoring First Republic's benefit: Report

[Mar 25, 2023 8:07 PM] Despite banking laws stating that remedies should not be aimed at benefiting a specific bank, this change could be structured “in a way to ensure” First Republic benefits, according to unnamed sources.

Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis

[Mar 20, 2023 8:00 AM] On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced…